10 things you need to know before European markets open

A Sadhu or Hindu holy man combs his beard after taking a dip in the waters of Shipra river during Simhastha Kumbh Mela in Ujjain, India May 16, 2016. REUTERS/Jitendra Prakash REUTERS/Jitendra Prakash Good morning! Here's what you need to know.

US stocks and oil went nowhere. Stocks started the week with an "aggressively unchanged" day with only the S&P 500 moving more than 0.2% on the day, while oil was down 0.5%.

Nissan is placing its tech chief with Mitsubishi. The company, which plans to spend $2.2 billion on a one-third controlling stake in Mitsubishi Motors, aims to place its former global tech chief in charge of reform at its smaller rival, which is mired in a fuel economy data scandal.

The LSE has a celebrity professor. Hollywood actress Angelina Jolie is to join the London School of Economics as a visiting professor on a new masters course on women, peace and security, the school announced on Monday.

The US might see higher inflation and higher interest rates. A relatively tight labor market in the United States may put upward pressure on inflation, raising the case for higher interest rates, St. Louis Federal Reserve President James Bullard said on Monday.

Brexit would be a disaster. Britain would lose at least half a million jobs within two years of a vote to leave the European Union and a fall in the value of the pound would push up inflation sharply, finance minister George Osborne said.